5. County purchase card policy
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5. County purchase card policy
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<br />WELLSONESM COMMERCIAL CARD AGREEMENT <br />A TT ACHMENT C-2 <br />REVENUE SHARE CALCULATION <br /> <br />Customer Name: Cass County Government <br />Revenue Share Schedule: <br />Revenue Share will be paid in January on previous calendar year volume. <br />Net Purchase volume* Revenue Share <br />$ 0 to $ 999,999 0 basis points (bps) <br />$ 1,000,000 to $ 2,999,999 30 bps <br />$ 3,000,000 to $ 4,999,999 50 bps <br />$ 5,000,000 to $ plus 55 bps <br />$ to $ bps <br />$ to $ bps <br />$ to $ bps <br /> <br />Beginning January 2009 and annually thereafter ("Anniversary Date"), the Revenue Share amount to be paid to Customer (if any) <br />shall be calculated and applied retroactively by multiplying the applicable Revenue Share bps times the Net Purchase volume for <br />the previous year. No Revenue Share shall be owed for the previous year if Customer terminates this Agreement prior to the <br />Anniversary Date. No Revenue Share shall be owed for the previous year if the Customer's average transaction size falls below $ <br />150.00. <br /> <br />*Total volume minus credits and cash advances (if applicable). Wells Fargo reserves the right to segregate large ticket transactions <br />(as qualified by Visa as applicable) from purchase volumes for Revenue Share calculation purposes. If a different revenue share <br />schedule is to be applied to these segregated transactions, it will be separately negotiated between the parties. <br /> <br />Wells Fargo Bank, National Association <br /> <br />Customer: Cass County Government <br /> <br />Authorized Officer: <br /> <br />Authorized Officer: <br /> <br />Signature: <br /> <br />Signature: <br /> <br />Title: <br /> <br />Title: <br /> <br />Date: <br /> <br />Date: <br /> <br />04/07 <br />
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